How to flip Dragon thrownaxe in OSRS

Flipping Dragon thrownaxe on the Old School RuneScape Grand Exchange currently makes about 113 gp profit per item after the 2% GE tax: buy near 279 gp (the instant-sell price) and re-list near 400 gp (the instant-buy price).

• Buy at (instant-sell): 279 gp
• Sell at (instant-buy): 400 gp
• Margin after 2% tax: 113 gp (40.50% ROI)
• Buy limit per 4 hours: 11,000
• 24h volume: 113,512 (extremely liquid)
• Max profit per limit cycle: 1,243,000 gp on 3,069,000 gp of capital

The flip, step by step

1. Place a buy offer at or just above 279 gp (the current instant-sell price).
2. Wait for the fill. Dragon thrownaxe is extremely liquid right now, so offers at fair prices typically fill within minutes.
3. Re-list at or just below 400 gp (the current instant-buy price).
4. The GE takes 8 gp tax (2%) per item when it sells, leaving 113 gp profit each.
5. Repeat up to the buy limit (11,000 per 4 hours), a full cycle is 1,243,000 gp on 3,069,000 gp of capital.

Margins move constantly. Re-check the live Dragon thrownaxe numbers and price chart on GrandExchange.com right before committing.